Investment Property in Illinois: 5 Costs Buyers Miss
An investment property in Illinois costs more than the listing shows. Here are 5 costs Oswego and Fox Valley buyers miss, from reserves to the tax bill.
Listing Agreement in Illinois: 5 Things Sellers Miss
A listing agreement in Illinois sets your term, commission, protection period, and dual agency consent. Here are 5 things Yorkville sellers miss.
Lake Michigan Water in Yorkville: 5 Things Buyers Miss
Lake Michigan water reaches Yorkville, Oswego, and Montgomery on different timelines, and rates are rising now. Avoid 5 things buyers miss.
Insurance Contingency in Illinois: 4 Mistakes Buyers Make
An insurance contingency in Illinois gives you 10 Business Days to prove the home is insurable. Miss the Notice and it’s waived. Avoid 4 costly mistakes.
Escalation Clause in Illinois: 4 Mistakes Buyers Make
An escalation clause in Illinois isn’t binding until the seller signs your new offer, and attorney review can’t change the price. Avoid 4 costly mistakes.
Mortgage Contingency in Illinois: 4 Mistakes Buyers Make
Your mortgage contingency in Illinois ends 45 days after acceptance or 5 business days before closing, whichever is first. Miss it and risk your deposit.
Rent Back Agreement in Illinois: 3 Mistakes Sellers Make
A rent back agreement lets you stay after closing, but most lenders cap it near 60 days. Here’s how to set rent, deposit, and escrow in Illinois.
Buyer Closing Costs in Yorkville, IL: 5 Surprises to Avoid
Buyer closing costs in Illinois run 2% to 5% of the price on top of your down payment. Here are five line items that catch Yorkville buyers off guard.
Seller Closing Costs in Illinois: 4 Things Sellers Miss
Seller closing costs in Illinois include payoff, commission, transfer tax, and tax proration. Here is what a Yorkville seller pays and how to estimate it.
Seller Credits in Illinois: 3 Mistakes Sellers Make
Seller credits in Illinois are capped by the buyer’s loan: 3% to 9% conventional, 6% FHA, 4% VA. See the 3 mistakes Yorkville sellers make.